6139 E GREENWAY Street, Mesa, AZ 85205

$975,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $975,000 Last Modified: 4/25/2025

Description

Premium 4 Plex in Mesa with 3 Bedroom & 2 Bath Units with Private Gated Yards! 8 Cov Park Spcs & Tile Roof. All Utilities are Paid by the Tenants and Metered Separately. All Units Leased and Current; #1 & #4 Are Longer Term Tenants. Rents Are: #1: $1100 (will be $1250 on 1/23); #2: $1550; #3: $1450 (will be $1525 on 1/23); #4: $1300 (all rental agreements will be month to month). #1 & #2 Had New AC's in 2020; #3 New AC in 2019; #4: AC in 2016. Unit #2; #3 & #4 Have Had Full Remodels with Flooring; Kitchen Countertops; Vanities, Light Fixtures, etc in 2017 & 2021. All Units Have a Separate Washer & Dryer for Each Unit, That is Included with the Sale! Well Managed 4 Plex with Great Tenants & Great Paying Also! More Room to Increase Rents in the Near Future! Please Do NOT the Disturb Tenants

More Information MLS# 6486533

Contract Info

Ownership: Fee Simple Current Price: $975,000 Sold Price: $975,000 Status: Closed List Date: 2022-11-07

Location, Tax & Legal

Assessor's Map #: 84 Legal Description (Abbrev): LOT 37 MANOR VIEW MCR 027228 Assessor's Parcel #: 348 Add'l Parcels: No Tax Municipality: Mesa Census Tract: 420210 Taxes: 2428 Legal: LOT 37 MANOR VIEW MCR 027228 Marketing Name: GREAT INVESTMENT Map Code/Grid: Q41 House Number: 6139 Compass: E Street Name: GREENWAY St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85205 Zip4: 4853 County Code: Maricopa Subdivision: MANOR VIEW Assessor Number: 141-84-348 Tax Year: 2022

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 0 Lot Size Dimensions: 10205 Flood Zone: No Total # of Units: 4 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Mendoza Elementary School Jr. High School: Shepherd Junior High School High School: Red Mountain High School Year Built: 1986 Zoning: M-H, RM-3

Legal Info

Range: 6E Section: 12 Township: 1N Lot Number: 37

Project Type

Four Plex: 1 5 - 12 Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Floors

Concrete: 1 Wood: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Building(s) Only: 1 Laundry Equipment: 1

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 1654 Annual Land Lse Exp: 0 Annual Landscape Exp: 1155 Annual Legal & Acctg: 0 Annual Maint Exp: 5230 Annual Mgmt Exp: 5200 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 15667 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 67500 Total Monthly Rental Income: 0

Pmt & Rate Info

Cap Rate: 4.94 Equity: 1050000 Down Payment %: 30 Monthly Payments: 5107.31 1st Payment Freq: Monthly Total Owed: 0

Payment Includes

Principal: 1 Interest: 1

Showing Notification Methods

Text: 1

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Ceiling: 1 Heat Pump: 1 Electric: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 Heat Pump: 1 Individual: 1

Exterior Amenities

Desert Landscaping: 1 Fenced: 1 Cable TV Available: 1 Sidewalk(s): 1 Patio/Balcony: 1 Separate Storage: 1

Interior Features

Unfurnished: 1 Fire/Smoke Alarm(s): 1 Mini Blinds: 1

Tenant Pays

Water: 1 Sewer: 1 Electricity: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1 W/D Hookup: 1

Road Access Type

Dedicated Street: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1 On Street: 1 >1 Space Per Unit: 1 Paved: 1

Electric

SRP: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Landscaping: 1

New Financing

Cash to Loan: 1 Conventional: 1

Special

Owner/Agent: 1 Accept Backups (CLO): 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

# 3 Bedroom Units: 4 Avg Rent: 1406 Avg SqFt: 1078 # Baths: 8

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Recker & Brown Directions: East to 61st Plc; North to Greenway St (first street); East to 6139 On South Side of Street Geo Lat: 33.437708 Geo Lon: -111.698293

Status Change Info

Off Market Date: 2022-11-28 Under Contract Date: 2022-11-15 Close of Escrow Date: 2022-11-30 Sold Price: $975,000

Income Expenses

Gross Annual Sch Inc: 67500 Net Operating Income: 51833

Property Features

Project Type: Four Plex; 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Concrete; Wood; Ceramic Tile; Carpet Sale Includes: Building(s) Only; Laundry Equipment Payment Includes: Principal; Interest Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Ceiling; Heat Pump Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Carport; On Street; >1 Space Per Unit; Paved Road Access Type: Dedicated Street Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Cable TV Source of Fincl Data: Owner Special: Owner/Agent; Accept Backups (CLO) Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash to Loan; Conventional Environmental: None
Listing Office: Duckett Management & Real Estate
IDX
Last Updated: April - 25 - 2025
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